A developer has reached a milestone for Austin’s ever-changing skyline. At 685 feet, the Independent, some may know it as the “Jenga tower,” is now the tallest building in Austin. It’s edging out the Austonian by just two feet.
The development team of Aspen Heights and CIM Group say The Independent is now the tallest residential tower west of the Mississippi River, as well as the tallest structure in all of Austin.
“It’s exciting for us obviously because we’re at the top of our structure, and now we get to start focusing on interior finishes,” said Ryan Fetgatter, Project Developer with Aspen Heights.
The building is located at the intersection of West 3rd Street and West Avenue. It took the developer two and half years to reach this milestone.
“It’s like a dream come true,” Fetgatter said. “What we’re doing is not just building a building, but we’re building a neighborhood in the sky.”
He told us they’re already “over 80% under contract now, and we’re completely sold out of one-bedroom units.”
The Independent is adding 363 homes to Austin’s downtown, ranging from one-bedroom to four-bedroom units. They also have 13,000 square feet of retail space.
According to the Downtown Austin Alliance, nearly 10,000 apartment and condo units have been built since 2000. Thousands more are either under construction or planned.
“I think what happens when you build density, people want to be outside and demand that public space,” said Molly Alexander, executive vice president of economic development at the Downtown Austin Alliance. “They demand retail. First floor experiences.”
At the Independent, currently available units are starting at mid-$600,000.